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Singapore Airlines has signed a deal with Airbus that could see the airline taking up to seven A350Fs with deliveries scheduled to begin in the fourth quarter of 2025. The letter of intent (LOI) makes Singapore Airlines the first known carrier with 747Fs to commit to the new-build freighter. The LOI also gives Singapore Airlines […] ....
For much of the past year, carriers based in Africa, Europe and the Middle East collectively the EMEA region have transported less cargo by air compared to pre-pandemic times, and yet freighter fleet growth has intensified. Passenger flight frequencies remain significantly lower, dragging available lowerhold capacity on passenger aircraft, while the pandemic itself […]
Luxembourg-based Cargolux reported a record net profit of $769 million in 2020, a meteoric rise from its 2020 result of $20 million. What appear on the surface as modest flying increases in fact reflect the dramatic turnaround of a year that began with a rather gloomy outlook. 2020 revenue jumped 34% to $3.17 billion as block hours increased just 2.4% to 140,584 hours. Revenue tonnes increased […] ....
For the week ended April 16, Cargo Facts reported on yet another older–vintage freighter-converted 747-400 being prepared to exit the desert. Even as domestic passenger travel markets show signs of recovery in the United States, Mexico and elsewhere, long-haul travel remains a sliver of 2019 capacity. Large widebody freighters remain in high demand, yet the market has little to offer. Meanwhile, a new widebody passenger-to-freighter conversion program under development by Israel Aerospace Industries (IAI) confirmed plans to induct its conformity aircraft this June, but the first redeliveries will not occur until 2023. In this Cargo Facts Weekly Wrap, Charles Kauffman and Jeff Lee take stock of the stored 747F fleet and discuss how freighter-converted 777-300Fs might fit into the market. ....
Moldova-based Aerotranscargo has established an offshoot based in the Netherlands that could soon have its own air operator certificate (AOC). Aerotranscargo NL is now listed in the Dutch commercial register as a private airline company involved in freight transport. But that is just one of the first steps in getting an airline up and running. […]